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Cheniere Energy, the largest US LNG exporter from two plants at Sabine Pass in Louisiana and Corpus Christi in Texas, shipped 637 cargoes last year and the company's registered annual net profits jumped more than six-fold due to very positive changes in the derivatives portfolio, though Cheniere forecasts showed that…
North American natural gas demand is expected to continue to grow in 2024, driven by gas burn for power, though mild weather weighed on early year sales in Canada and the US while Mexico remained a prime market unlike some South American countries like Brazil.
ExxonMobil Corp. and its partners in huge oil and gas discoveries offshore the tiny nation of Guyana in the northeast corner of South America may develop a liquefied natural gas project at the behest of the Government.
Free ReadThe German Association of Transmission System Operators (FNB Gas) said that members have decided that the financing model for the hydrogen core network to run alongside natural gas must be suitable for investment by mainstream capital markets. FNB Gas wants the core network to have a balanced risk-reward ratio and…
Intercontinental Exchange Inc., the leading global provider of energy trading platforms, said that global futures and options markets reached record open interest of 90.2 million contracts during February as market players in sectors such as oil, natural gas and LNG launched hedging operations as prices declined.
Free ReadThe Gas Exporting Countries Forum (GECF), known as the OPEC of LNG and pipeline gas, is preparing for its 7th Summit meeting with members scheduled to start arriving at the end of February in the Algerian capital of Algiers. The GECF, whose secretariat is based in Doha in Qatar, will…
Enagás, the Spanish natural gas operator of six large LNG terminals and with gas assets in other European countries and overseas, reported a fall in net profits as Spanish gas and power demand dropped, offset by a one-time gain from the sale of a stake in a gas pipeline in…